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Paypal Founder Invests In Floating Autonomous Cities [Headlines]

Paypal Founder Invests In Floating Autonomous Cities [Headlines]

The Seasteading Institute's goal is to create autonomous floating states, free from current political agendas.

Amelia Riley Swan
  • 23 september 2011

When creating new companies has become passé, why not start creating countries? So is the case for Paypal co-founder and billionaire Peter Thiel, who is currently the Seasteading Institute’s “most generous funder.” His support constitutes a bold move towards creating floating autonomous states. The initiative is inspired by the idea of creating cities that are free from political agendas and social construction. These “floating cities will allow the next generation of pioneers to peacefully test new ideas for government,” says the Seasteading Institute. “The most successful can then inspire change in governments around the world.” Gizmag

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